Question: Q1: The five forces model was developed by Michael E. Porter to help companies assess the nature of an industrys competitiveness and develop corporate strategies

Q1:

The five forces model was developed by Michael E. Porter to help companies assess the nature of an industrys competitiveness and develop corporate strategies accordingly.

a) Explain the Porters forces analysis. (10 marks)

b) Discuss FIVE (5) advantages of competitive advantage. (10 marks)

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